Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Billion

A recently published forecast stemming from the Federal Reserve Bank of Clevelands Inflation Nowcasting data indicates upcoming U.S. Verbraucherpreisindex (VPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day Americas gross national debt......

S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

Heute’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’S......

Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets

A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the worlds largest financial institutions are exposed to roughly €9.4 Milliarde (US$9 billion) in crypto assets. The research paper authored by the Basel Committees secretariat Renzo Corrias further......

US Lawmakers Introduce Bill Allowing Crypto Investments in 401(k) Retirement Plans

Several U.S. lawmakers have introduced the Retirement Savings Modernization Act to provide 401(k) retirement savers access to a wide range of investments, including crypto assets. “With inflation at record highs, a stock market downturn, and a potential recession on the horizon,......

Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Milliarden rein 83 Tage

Just over two months or approximately 83 Vor Tagen, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market......

California Governor Newsom Vetoes Bill to Regulate Crypto — Calls for ‘More Flexible Approach’

California Governor Gavin Newsom has vetoed a bill to regulate crypto in his state. He stressed thata more flexible approach is needed” zu “keep up with rapidly evolving technology and use casesin the crypto sector. Bill to Regulate Crypto......

Tether Reveals USDT Stablecoin Is Now Supported by Polkadot

Tether is now live on 15 different blockchain networks, according to the companys latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoins new support follows the token being added to......

Meme Tokens Slide 55% in 5 Months — DOGE, SHIB Dominate $14.9B Meme Coin Economy by 95%

Five months ago, the top meme cryptocurrencies by market valuation were valued at $33.7 billion and today, the meme coin economy is 55% lower, down to $14.9 billion on September 23. During the last month, dogecoin lost 12.8% im Wert, und......

‘Ultra Sound Money’ — Post-Merge Stats Show Ethereum’s Issuance Rate Plunged After PoS Transition

Months before Ethereum transitioned from proof-of-work (PoW) zum Proof-of-Stake (Schild), a simulation of The Merge had shown the networks issuance rate would drop following the ruleset change. Statistics now show that the simulations predictions have come to fruition as the network’S......